SECTION: C (Answer all the questions) 2 x 20 Marks = 40 Marks) "Independence requires integrity and an objective approach to the audit process. The concept requires the auditor to carry out his or her work freely and in an objective manner. Independence of the internal auditor means independence from parties whose interests might be harmed by the results of an audit." Discuss the threats and safeguards approach to Independence of Auditors with reference to the conceptual framework approach? LC M w